SmarterDividends

MDU vs NGGTF: Which Is the Better Dividend Stock?

As of Oct 29, 2026, MDU (MDU Resources Group, Inc.) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. NGGTF offers the higher yield at 4.08%, MDU has the higher dividend-safety score, and NGGTF looks like the better value (its fair-value estimate is 19% above its share price).

Key facts: MDU vs NGGTF

Data as of · Source: SmarterDividends data

  • As of Oct 29, 2026, National Grid plc (NGGTF) has the higher forward dividend yield at 4.08%, versus 2.88% for MDU Resources Group, Inc. (MDU).
  • As of Oct 29, 2026, SmarterDividends grades MDU's dividend safety C (61/100) and NGGTF's C (50/100).
  • As of Oct 29, 2026, MDU pays out 60% of its earnings as dividends and NGGTF pays out 72%.
  • As of Oct 29, 2026, MDU's fair-value estimate is 1% above its share price and NGGTF's fair-value estimate is 19% above its share price, so NGGTF looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "MDU vs NGGTF: Dividend Yield, Safety & Value Compared," updated Oct 29, 2026, https://smarterdividends.com/compare/mdu-vs-nggtf

MetricMDUNGGTF
Forward yield2.88%4.08%
Annual dividend$0.57$0.65
Payout ratio60%72%
Years of growth1 yr1 yr
5-yr dividend growth11.2%5.9%
5-yr total return86%19%
Dividend safety score61 (C)50 (C)
Fair value estimate$19.66$19.57
Upside to fair value+1%+19%
Frequencyquarterlysemiannual
Market cap$4.1B$82.7B
P/E ratio20.719.4

Higher yield

NGGTF

4.08%

Safer dividend

MDU

Grade C

Faster growth

MDU

11.2%

Better value

NGGTF

+19% upside

MDU vs NGGTF — FAQ

Is MDU or NGGTF a better dividend stock?

On the data, MDU wins more head-to-head categories (4 vs 3). NGGTF offers the higher yield (4.08%), while MDU has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, MDU or NGGTF?

NGGTF has the higher forward dividend yield at 4.08%, versus 2.88% for MDU.

Is MDU or NGGTF safer?

MDU has the higher dividend-safety score (61/100 vs 50/100), reflecting stronger payout coverage and dividend-growth history.

Is MDU or NGGTF better value right now?

As of Oct 29, 2026, NGGTF looks like the better value: its fair-value estimate is 19% above its share price (undervalued). For MDU, its fair-value estimate is 1% above its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.